SINCE the Brexit vote on June 23, 2016, the British economy has been feared to be headed toward huge troubles. Of course, the Brexit itself was seen as an enormous threat, then the missing international trade agreements as a consequence of the Brexit, and finally, the coronavirus disease 2019 (Covid-19) crisis that spiralled out of control.

But the United Kingdom, including its economy, is still standing, and in fact, moving faster forward than many had forecasted, though maybe all positive expectations are already priced in the British stock market.